Would you sign this?

[RobCur]

who would be so sstupid enough to sign this??? I'll shred it to pieces with both my hands!!! the government is a bunch of moron, it doesn't respect private property or civilians right.

 

[Mookow]

Originally posted by: RobCur
who would be so sstupid enough to sign this??? I'll shred it to pieces with both my hands!!! the government is a bunch of moron, it doesn't respect private property or civilians right.

The point is that you live under such a system right now, except you dont explicitly sign anything like this.

 

[NarcoticHobo]

They can do whatever they want, they are still doomed. Currency is going 100% digital, and since it is going 100% digital the banks are going to have to compete with everyone else (i.e. PayPal). Their entire cartel will become completely irrelevant due to the fact that the entry barriers into the digital currency industry will be extremely low. The main entry barrier that will be lifted is the one having to do with government banking regulations.

The banks will have two options:

1. Go legitimate and end the practice of fractional reserve banking.

2. Go out of business entirely.

I doubt it, there is still a large large need for cash, and there is nothing with fractional reserve banking as far as I can tell. All of the money is there and available to investors, just not at the same exact time... seems to be working.

Aside from that, you end fractional reserve and it collapses our entire economy, one because we would have to forgive the debt of many third world nations, and two because the amount of money in our economy would plumit. Anyway it collapses we are screwed... maybe just maybe a slow transition to completely digital but I wouldn't see that happening within our lifetimes, or our grandchildrens lifetimes for that matter.

 

[Dissipate]

Originally posted by: NarcoticHobo

They can do whatever they want, they are still doomed. Currency is going 100% digital, and since it is going 100% digital the banks are going to have to compete with everyone else (i.e. PayPal). Their entire cartel will become completely irrelevant due to the fact that the entry barriers into the digital currency industry will be extremely low. The main entry barrier that will be lifted is the one having to do with government banking regulations.

The banks will have two options:

1. Go legitimate and end the practice of fractional reserve banking.

2. Go out of business entirely.

I doubt it, there is still a large large need for cash, and there is nothing with fractional reserve banking as far as I can tell. All of the money is there and available to investors, just not at the same exact time... seems to be working.

Aside from that, you end fractional reserve and it collapses our entire economy, one because we would have to forgive the debt of many third world nations, and two because the amount of money in our economy would plumit. Anyway it collapses we are screwed... maybe just maybe a slow transition to completely digital but I wouldn't see that happening within our lifetimes, or our grandchildrens lifetimes for that matter.

Wow, your ignorance of money and banking is astounding.

 

[RobCur]

Originally posted by: Mookow

Originally posted by: RobCur
who would be so sstupid enough to sign this??? I'll shred it to pieces with both my hands!!! the government is a bunch of moron, it doesn't respect private property or civilians right.

The point is that you live under such a system right now, except you dont explicitly sign anything like this.

yes, i know and HATE IT WITH A PASSION!!!
IT IS EVIL AND PISSES ME OFF 24HRS A DAY..

but since we are all pussy, i expect no less.

 

[DragonMasterAlex]

Originally posted by: HalosPuma
One more thing - we the people are the government. A "Social Contract Between an Individual and the US Government" cannot happen and will not happen in our republic. Why are you encouraging Communism? If this was a different decade, you could be arrested for promoting Communism.

And if it was yet *another* decade you would believe that your only choices are to be a Communist and "save" the world or a Fascist and "conquer" the world. There was a time not so long ago when the majority of the American People didn't even understand that they live in a *Capitalist* nation, and that it's THE alternative to both Fascism and Socialism, which are ultimately two sides of the same coin.

Jason

 

[DragonMasterAlex]

Originally posted by: dmcowen674

Originally posted by: HalosPuma

W.O.W. - the level of education in this country has obviously plummeted to new lows.

Yep, you're just figuring that out now after 50.9% voted a Liar back to Office for a 2nd time??? 😕

Well the choice was between a liar we know and a liar we don't. In the end, what's the damn difference?

Jason